SpaceX starts trading in a historic debut, and we unpack what the first day move signals for investor demand, index inclusion, and the broader tech cycle. We also weigh a bold Bitcoin path to 250K and connect it to the accelerating race for AI compute, power, and data center capacity.

• Bitcoin’s pullback to the mid-60K range and what it says about the current cycle
• Mike Alfred’s 250K Bitcoin target and why timing matters
• Miner stocks decoupling from Bitcoin and the market’s shifting attention to HPC
• Anthropic’s push for gigawatt-scale data center leases and Google-backed payment guarantees
• How market cap thresholds relate to Nasdaq 100 inclusion and sector visibility
• BitZero leadership and board changes and what they enable operationally
• HUT 8’s chair transition and why capital markets experience matters
• Soluna’s behind-the-meter wind strategy and the Dorothy and Katy buildout roadmap
• Iren’s Australia campus as a counterexample to NIMBY resistance
• Why big IPOs often pull back and how lockups shape post-IPO supply

Let us know in the comment section below if you got involved in the SpaceX IPO personally and your thoughts on the sector moving forward!

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We react to a rare green day across Bitcoin and AI infrastructure names, then dig into what the SpaceX IPO could do to liquidity, valuations, and capital rotation across the market. We also share fresh deal and forecast updates from Keel, Hive BuzzHPC, White Fiber, and Soluna, including a step-by-step valuation model tied to a 100MW AI buildout.

• Bitcoin bounce and why sentiment flips fast
• SpaceX IPO structure, demand versus supply and potential knock-on selling
• SpaceX business units, Starlink profitability and AI infrastructure losses
• Why miners keep mining while preparing the GPU switch to HPC
• Heat map performance, profit taking and rotation between Bitcoin and AI stocks
• Keel interview highlight and what “more confident” implies for deal timing
• Labour constraints by region and why Pennsylvania looks advantaged
• Hive BuzzHPC ARR ramp and the mix of CSP versus co-location growth
• WhiteFiber’s new contracts, project finance structure and monetizing existing H200 GPUs
• Hyperscaler versus enterprise customers, revenue per megawatt versus financing ease
• Soluna CODI 2 RFP launch, MetroBlocks joint venture and a 100MW valuation framework
• Sensitivity analysis on revenue per megawatt, EBITDA margin and implied share price impact

Let us know in the comment section below if you're currently holding any of the companies mentioned and your thoughts on SpaceX IPO tomorrow!

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We sit down with Ben Gagnon, CEO of Keel Infrastructure, right after the company’s $458M convertible raise to unpack why the timing matters and how the capital supports permitting, leasing and locking in expansion megawatts. We also press on deal confidence, disclosure timing, and why “not all megawatts are created equally” as AI demand pushes buyers from 2027 power toward 2028.

• rationale for the convertible raise and why management calls it opportunistic and strategic
• how Keel thinks about runway, liquidity and funding expansion capacity beyond the headline sites
• what a near-billion-dollar balance sheet signals to potential tenants and partners
• how the capped call works conceptually and why flexibility matters with convertibles
• why management says it is “more confident” on three deals by year-end while staying inside NDAs
• the plan to announce signed deals quickly rather than waiting for earnings timing
• pros and cons of preleasing far out versus contracting closer to delivery
• how token-based AI usage could change who pays premiums and how lease economics evolve
• labour and construction context, with Pennsylvania positioned differently from overheated markets

Let us know in the comment section below what you thought about this big announcement from Kiel and if you're currently holding shares!

Anthonys Info:

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https://www.powermininganalysis.com

X:

https://twitter.com/cazenove_uk

Patreon:

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Bryce's Info:

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Website:

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Business Inquiries:

Email - powermininganalysis@gmail.com